In most cases, the eldest child is not automatically responsible for handling their deceased father's estate. Typically, the responsibility falls on the executor named in the father's will or, if there is no will, on the legal heirs as determined by law. It is important to consult with a legal professional to understand the specific requirements and obligations related to handling the deceased father's estate.
Your father must consult with an attorney who can review the situation and determine what the options are and if your father has a strong enough case to pursue. Those types of cases can be expensive. Your father should discuss the cost before proceeding.
The next of kin of a deceased person aged 62 when their mother is 92 would typically be their own children, if they have any. If the deceased has no children or if they have predeceased them, then it would likely be their siblings, nieces or nephews, or other close relatives. Ultimately, the designation of next of kin can vary depending on the specific circumstances and legal regulations in the jurisdiction.
It depends on the specific pension plan and the rules set by the plan administrator. Sometimes, pensions can be passed to a surviving spouse or dependent children, but it is important to check with the pension provider for eligibility.
No, the oldest child is not automatically the next of kin of a widowed father. The next of kin refers to the person who has the closest relationship or legal rights to make decisions on behalf of an individual who is incapacitated or deceased. It could be a spouse, child, parent, or another close family member, depending on the specific laws and circumstances.
To collect on a father's retirement in Georgia, the daughter would typically need to be listed as a beneficiary on his retirement accounts or be designated as the recipient of his retirement benefits in his estate planning documents. If the father passes away, the daughter may need to provide the retirement plan administrators with a copy of the death certificate and any required forms to claim the benefits. It's recommended to consult with an attorney or financial advisor for guidance on the specific steps to take in this situation.
The estate of the deceased is responsible for the debts. Your mother will indirectly have to resolve the debts before the assets are released.
Your father's estate is responsible for his debts. If he owned any assets when he died his estate must be probated. You should speak with an attorney.
No. Your father's estate is responsible for his debts. You have absolutely no responsibility regarding his debts.
The estate is responsible for any remaining debts. That will include medical bills. If there is not enough in the estate to cover them, someone will not get paid.
In most cases there will be none. The estate was left to the brother.
No. But, the child/children of the deceased may have a claim to assets of their father's estate.
The son is not personally responsible for the medical bills, unless they co-signed them. However, the estate is responsible. The son may not inherit anything.
No. The father's estate is responsible for his debts. If there is no estate the creditor is out of luck.
Yes, the estate is responsible to settle all the debts. That includes all medical bills. Until these have been paid, the children are not entitled to receive anything.
That will depend on what the will says. In most cases, the bulk of the of estate would be expected to go to the spouse.
The estate of the deceased is liable. If you inherit any money, property or valuables these should have been used to settle the estate. If there was no estate then you will need to show this to the IRS.
No, you are not responsible for his debt. His estate has that responsibility.